Need a New Car? Read this Roadmap

With a rocky economy, purchasing decisions are more important than ever, especially when it comes to big ticket items like a new car. Steer clear of roadblocks by following our advice.

Begin with the basics: How many kids or how much hockey equipment will you be hauling around? Is gas mileage important or will it take a back seat to comfort orsafety? Prioritize your needs, but be prepared to be flexible to maximize your bargaining power.

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Buy or lease? If you plan on lots of long drives to the in-laws or passing the car down to your teen, you're better off buying---after you've paid off your loan, you'll have one less monthly bill to write. Pay as much as you can afford upfront and budget no more than 36% of your gross monthly income for monthly payments. Leasing, on the other hand, entails no down payment, lower monthly payments, and lets you swap your car more frequently. For more info, read our complete story on whether to buy or lease.

Consider a hybrid: If you opt for a hybrid car, you'll pay a higher premium, but fill up your tank less often. Evaluate your driving habits and do the math. If you're a stop-and-go city driver you'll probably save money, while if you're a highway driver you might not break even. Depending on what state you live in, you could be eligible for tax credits. Check out Good Housekeeping's tips that will help you save at the pump.

Where to shop: Here's where you may reach a fork in the road: Do you head to the web or the dealership? Cruising the internet will save you time and energy because you can easily compare models and prices. It also preserves your privacy. Studies have found that potential buyers, especially minorities, woman, and young adults, are often discriminated against and end up paying higher prices. We recommend doing your homework at home, then closing the deal at the dealership. Check outedmunds.com orautotrader.com to get started!

Test drive: Sit behind the wheel when you get to the showroom. Come prepared with a budget in mind and stay in charge even if the dealer tries to create a sense of urgency. Definitely take the car for a spin and test the acceleration, braking, steering, and visibility. Note details like steering wheel placement, cup holders, controls and displays.